Guidant, Johnson & Johnson continued to force the conclusion of the acquisition of $ 25.4 billion
USA manufacturers of medical products Guidant Corporation, Johnson & Johnson continued on Monday to force companies healthcare $ 25.4 billion acquisition of Indiana, established companies, since the centre severity of scandals linked to faulty heart devices.
Guidant action has fallen by nearly 5 percent in early trading Monday, while J & J, the stock has lost more than 1 percent.
The appeal was rejected in USA District Court for the Southern District of New York and follows the adoption on Friday deadline for the conclusion of the agreement under an agreement between the two companies reached on December 15, 2004.
The action today follows speculation that J & J would not be resumed, after passing said Wednesday that negotiations between the companies were put off and can not continue. J & J said it was no longer view of the merger because of a series of recall that Guidant was damaged during recent months.
Guidant said J & J is the legal obligation of the transaction, and analysts predict that the trial of strength could eventually court
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